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Sýn hf.: Financial results below expectations but positive outlook
Sýn´s Q2 2019 financial statement was approved by Sýn´s CEO and Board of Directors at a board meeting on August 28, 2019.At the beginning of the year, the accounting treatment of broadcasting license rights was changed. Broadcasting license rights was classified as inventory but as of January 1, 2019, it is classified as intangible assets. Amounts for 2018 have been restated.Main results: • Revenue for the second quarter of 2019 amounted to ISK 5,023 million, a decrease of 3% from the...
Nasdaq GlobeNewswire
28/08/2019
Telenor Finland Holding Oy publishes offer document concerning its mandatory…
DNA OYJ STOCK EXCHANGE RELEASE 28 August 2019 15:30 pm (EEST)Telenor became a majority shareholder in DNA with 54% of the shares and voting rights on 21 August 2019. The completion of the share transaction triggered an obligation for Telenor to make a mandatory public tender offer for the remaining outstanding shares in DNA. Telenor announced today that the tender offer will start on Thursday 29 August 2019 and it is estimated to end on 26 September 2019.The Finnish language version of the...
Nasdaq GlobeNewswire
28/08/2019
Síminn hf. - Stable operation and positive outlook
Financial highlights Q2 2019:Q2 2018 interim statement has been restated according to changes made to treatment of TV rights. Síminn's revenue amounted to ISK 7,115 million in the second quarter (Q2) of 2019, compared to ISK 7,153 million in the same period 2018. A decrease by ISK 38 million or 0.5%.EBITDA amounted to ISK 2,602 million in Q2 2019, compared to ISK 2,386 million in the same period of 2018, up by ISK 216 million or 9.1%. The EBITDA ratio was 36.6% in Q2 2019, compared to 33...
Nasdaq GlobeNewswire
27/08/2019
Hexatronic makes changes to Executive Management
Hexatronic Group AB (publ)556168-6360Press Release August 27, 2019Hexatronic makes changes to Executive Management As a natural part of a succession process, and to lay a better foundation for further expansion, the following changes have been made to Hexatronic's Executive Management during August. Magnus Eidebo, previously Sales Manager and Vice President of Hexatronic Fiberoptic AB, takes over as President of Hexatronic Fiberoptic AB from Anders Tessmann, who is retiring...
Nasdaq GlobeNewswire
27/08/2019
Battery Free RFID Sensor Market to Grow With 12.1% CAGR; Projected to Reach…
For more detailed insights on "Battery Free RFID Sensor Market" Request a PDF Sample - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=54252 For more detailed insights on "Battery Free RFID Sensor Market" Request a PDF Sample - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=54252 The research report predicts that during the forecast period,Asia Pacificwill continue to lead the market in terms of potential and will…
PR Newswire
27/08/2019
Mobile Wallet Market to Witness Steady Growth Based on Boundless Smartphone…
Security issues and privacy concerns can act as restraint in this industry. Lack of government initiatives and supervision is another barrier for growth in this industry over a forecasted period. Security issues and privacy concerns can act as restraint in this industry. Lack of government initiatives and supervision is another barrier for growth in this industry over a forecasted period. "Proximity product type is expected to portray highest growth over the forecast period" In 2014...
PR Newswire
26/08/2019
DNA Plc: Managers' transactions: PHP Holding Oy
DNA PLC MANAGERS' TRANSACTIONS 26 August, 2019 12:00 (EEST)Based on the notification requirement in Article 19 of MAR PHP Holding Oy, a closely associated legal person of Jukka Ottela, has notified that it has completed the following transactions: ____________________________________________ Person subject to the notification requirementName: PHP Holding Oy Position: Member of the Board (X) ...
Nasdaq GlobeNewswire
26/08/2019
HGC completes acquisition of Macroview, a leading digital technology and IT…
The exercise of combining HGC's diverse local and international business portfolio with Macroview's market-leading capabilities in providing digital technology solutions will accelerate HGC group as the IT partner of choice for customers who expect a seamless, multipoint-to-multipoint set of IT infrastructure solutions and services. By leveraging the strengths of the two organisations and an ecosystem of strategic business partners, HGC and Macroview will bring to the market a portfolio of…
PR Newswire
23/08/2019
DNA Plc: Telenor becomes DNA's majority shareholder
DNA PLC STOCK EXCHANGE RELEASE 21 August 2019 10:55 am (EEST)Norwegian telecommunications company Telenor ASA announced on 9 April 2019, that it will acquire 54% of the shares in DNA for EUR 20.90 per share in cash from DNA's two main shareholders, Finda Telecoms Oy and PHP Holding Oy. Telenor has today announced that it has completed the transaction and has become a majority shareholder in DNA with 54% of the shares and voting rights.Conditions for the completion of the transaction...
Nasdaq GlobeNewswire
21/08/2019
A notification according to Chapter 9, Section 10 of the Securities Markets Act…
DNA PLC STOCK EXCHANGE RELEASE 21 August 2019 10.46 am (EEST) On 21 August 2019, DNA Plc (business ID 0592509-6) received a notification according to Chapter 9, Section 5 of the Securities Markets Act from Telenor Finland Holding Oy (Telenor Group's wholly owned subsidiary) , stating that the company's holdings and proportion of voting rights in DNA Plc is 54.04 per cent. According to the notification Telenor Finland Holding Oy owns 71,491,281 shares after the transaction on 21 August...
Nasdaq GlobeNewswire
21/08/2019
A notification according to Chapter 9, Section 10 of the Securities Markets Act…
DNA PLC STOCK EXCHANGE RELEASE 21 August 2019 10.44 am (EEST) On 21 August 2019, DNA Plc (business ID 0592509-6) received a notification according to Chapter 9, Section 5 of the Securities Markets Act from PHP Holding Oy, stating that the company's holdings and proportion of voting rights in DNA Plc has fallen to zero as a result of share transactions on 21 August 2019. At the time of the transaction PHP Holding Oy held a total of 34,105,827 DNA's shares which represented 25.78 per...
Nasdaq GlobeNewswire
21/08/2019
A notification according to Chapter 9, Section 10 of the Securities Markets Act…
DNA PLC STOCK EXCHANGE RELEASE 21 August 2019 10.44 am (EEST) On 21 August 2019, DNA Plc (business ID 0592509-6) received a notification according to Chapter 9, Section 5 of the Securities Markets Act from Finda Telecoms Oy, stating that the company's holdings and proportion of voting rights in DNA Plc has fallen to zero as a result of share transactions on 21 August 2019. At the time of the transaction, Finda Telecoms Oy held a total of 37,385,454 DNA's shares which represented 28...
Nasdaq GlobeNewswire
21/08/2019
Telenor completes DNA transaction, announces mandatory tender offer for…
(Fornebu, 21 August 2019) Telenor Group announced on 9 April 2019 that it had entered into separate agreements with Finda and PHP to acquire 54% of the shares in the Finnish telecom operator DNA for EUR 20.90 per share in cash, in total EUR 1.5 billion (approx. NOK 15 billion). Following approval by the general meetings of the sellers and required regulatory approvals, the transaction has today been completed. In Telenor Group's financial reporting, DNA will be consolidated from 21 August...
Nasdaq GlobeNewswire
21/08/2019
Brazilian Telcos Upgrade their B2B and B2C Offerings to Become One-stop ICT and…
PR Newswire
20/08/2019
Sýn hf.: Change in guidance
Guidance for the EBITDA in 2019 has been lowered by roughly 6% to 5,6 bn from a previous 6,0-6,5 bn ISK.After changes in management, which occurred in the first half of the year, a new financial forecast has been implemented. The forecasted EBITDA will be lowered since revenues in telecom and media are forecasted close to 400 million lower and cost of media content and distribution are estimated 160 million higher. The previous forecast for free cash flow is unchanged but it is clear the...
Nasdaq GlobeNewswire
20/08/2019
Finland's Ministry of Economic Affairs and Employment approved Telenor's…
DNA PLC STOCK EXCHANGE RELEASE 19 August 2019 16:45 (EEST)Telenor got the approval for its acquisition of DNA's shares from Finland's Ministry of Economic Affairs and Employment on 19 August 2019. On 8 August 2019, DNA got the approval of the Finnish Government according to which the change in ownership has no effect on DNA's network licences.Norwegian telecommunications company Telenor Group announced on 9 April 2019 that it will acquire DNA's two largest owners', Finda Telecoms Oy and...
Nasdaq GlobeNewswire
19/08/2019
Speedcast Wins ACOMMS Innovation Award for SIGMA Gateway Secure Connectivity…
The Speedcast SIGMA Gateway is an integrated connectivity management platform that seamlessly manages global VSAT, MSS, 4G/LTE, Wi-Fi, and voice services, and provides automated and efficient management of multiple secure WAN links to ensure least-cost routing. The unique value of SIGMA Gateway lies in running specialized value-added applications and services in virtual machines (VMs). With the VM option, customers can access enterprise applications such as cybersecurity, e-learning, maritime…
PR Newswire
19/08/2019
INVISIO Interim Report January-June 2019: The Strongest Quarter so far
"Order intake, sales and results in the second quarter are the highest so far and are largely attributable to the order worth SEK 111 million from the new customer USSOCOM (United States Special Operations Command). INVISIO also received a strategic breakthrough order from the German police, which is an important reference for addressing future customers in the police and security market. After the end of the period, the U.S. Marine Corps selected INVISIO for their Hearing Enhancement…
PR Newswire
16/08/2019
Hexatronic Group AB (publ) Interim Report 1 April – 30 June 2019
Hexatronic Group AB (publ) Interim Report 1 April – 30 June 2019(Reporting period January – June 2019) The quarter (1 April – 30 June 2019)Net sales amounted to MSEK 484.9 (411.6), which represents 18% (19%) growth during the quarter.The operating result before interest, taxes and amortisation (EBITA) totalled MSEK 39.8 (34.2), which corresponds to an EBITA margin of 8.2% (8.3%).The operating result amounted to MSEK 31.1 (30.2).Net earnings totalled MSEK 20.2 (19.8)...
Nasdaq GlobeNewswire
16/08/2019
Hexatronic achieves commercial success in Germany – wins 40 MSEK FTTH business
Hexatronic Group AB (publ)556168-6360Press Release August 14, 2019Hexatronic achieves commercial success in Germany – wins 40 MSEK FTTH business Hexatronic GmbH, a wholly owned subsidiary of Hexatronic Group AB, has recently signed several FTTH contracts on the German market amounting to a total order value of approximately 40 MSEK. The main part is system sales for delivery in the next 12 months.Hexatronic established a local presence in Germany through the foundation of...
Nasdaq GlobeNewswire
14/08/2019
LG U+ as Fastest Operator in South Korean 5G Rollout
Key takeaways Key takeaways Operator highlights: all networks show dramatic speed improvements on 5G During the early stages of 5G inSouth Korea, the results for LG U+ were a step above those of KT and SK Telecom, but all operators provided significantly faster speeds on 5G compared to non-5G mode. LG U+, for example, had an impressive 5G median download speed of 426.4 Mbps that would take only 12 seconds to download a 600MB television show. In contrast, downloading the same show...
PR Newswire
14/08/2019
Telenor, NHH and NTNU to establish a new knowledge powerhouse to fuel growth and…
(Arendal, Norway,13 August 2019) Some of Norway's key knowledge institutions join forces to contribute to the country's digital success: NHH, NTNU and Telenor are establishing an open collaboration arena for digital transformation and innovation.Transformation, digital innovation and Artificial Intelligence (AI) are at the top of decision makers' minds and agendas. But too often, such transformation efforts fall flat. The new arena, located at NHH in Bergen, seeks to increase the success...
Nasdaq GlobeNewswire
13/08/2019
CUI Global Subsidiary Orbital Gas Systems Wins VE Technology Order from Major…
"This award reflects execution on our go-to-market strategy and pursuit of inclusion onto prospective customers' preferred vendors' lists to drive sales of our gas technology products and integration capabilities," stated Nicholas Clough, President of Orbital. "Deployment of our VE Technology at this plant will enable us to showcase our analytical integration expertise to a customer that purchases thousands of sample probes and thermowells annually across the entirety of its gas…
PR Newswire
13/08/2019
Pisofttech Showcased various 5G+8K+VR Applications with telecom giants on 2019…
Pilot Era, the world's first panoramic camera supporting standalone live streaming, was adopted as the official camera for recording and streaming the event 360°. Pisoft Technology also worked with others to showcase various 5G+VR applications in multiple scenarios. Guests from different countries complimented on the premium visual experiences after they put on VR glasses. Pilot Era, the world's first panoramic camera supporting standalone live streaming, was adopted as the official camera…
PR Newswire
12/08/2019
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